Microsoft re-org talk heats up

Last October, Microsoft CEO Steve Ballmer wrote in his annual letter to shareholders that the software giant would be transitioning into a "devices and services" company. Microsoft already has made good on this promise in many ways, such as the introduction of its Surface tablets, the first of the devices to which Ballmer ostensibly referred.

But according to new reports, the CEO has even bigger changes planned, namely the first company-wide restructuring of his tenure. The new hierarchy, which could be revealed as soon as July 1, could leave many key executives looking for new jobs.